Drewry:World Container Index Up By 1% and 169.2% Y-o-Y

The composite index increased 1% this week, and 169.2% up when compared with same period of 2019.

 

The average composite index of the WCI, assessed by Drewry for year-to-date, is $2,129 per 40ft container, which is $590 higher than the five-year average of $1,539 per 40ft container.

 

Drewry's composite World Container index increased 1% or $41 to $4,284.74 for a 40ft container, which is 169.2% higher than the same period in 2019. Freight rates on Shanghai-Genoa gained $189 to $6,850 for a 40ft container and those on Shanghai-Rotterdam grew $46 to stand at $6,549 per feu. Likewise, rates from Rotterdam to Shanghai rose $137 to come in at $2,109 for a 40ft box. Similarly, rates on New York-Rotterdam inched up $1 to $651 per feu. Drewry expect rates to remain on higher side next week

 

Source:Drewry

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